Key Points
- Wabtec EVP Gregory Sbrocco sold 952 shares at an average price of $300, generating $285,600. The transaction reduced his holdings by 4.33% to 21,043 shares and was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Wabtec recently exceeded quarterly expectations, reporting $2.76 in EPS and $3.18 billion in revenue, with revenue up 17.5% year over year. The company issued fiscal 2026 EPS guidance of $10.60–$10.90.
- Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $313.36. Wabtec also declared a $0.31 quarterly dividend, equal to a 0.4% annualized yield.
Wabtec (NYSE:WAB - Get Free Report) EVP Gregory Sbrocco sold 952 shares of the firm's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $300.00, for a total transaction of $285,600.00. Following the completion of the sale, the executive vice president owned 21,043 shares of the company's stock, valued at $6,312,900. This trade represents a 4.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Wabtec Trading Down 1.8%
Shares of WAB opened at $295.34 on Wednesday. Wabtec has a twelve month low of $184.26 and a twelve month high of $306.64. The company has a current ratio of 1.12, a quick ratio of 0.59 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $49.89 billion, a P/E ratio of 39.70, a PEG ratio of 2.03 and a beta of 0.93. The firm's 50-day moving average is $278.22 and its two-hundred day moving average is $263.70.
Wabtec (NYSE:WAB - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $2.76 EPS for the quarter, topping the consensus estimate of $2.60 by $0.16. The business had revenue of $3.18 billion for the quarter, compared to analyst estimates of $3.07 billion. Wabtec had a return on equity of 15.10% and a net margin of 10.59%.The company's quarterly revenue was up 17.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.27 EPS. Wabtec has set its FY 2026 guidance at 10.600-10.900 EPS. On average, research analysts predict that Wabtec will post 10.86 earnings per share for the current fiscal year.
Wabtec Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be given a $0.31 dividend. The ex-dividend date is Tuesday, August 18th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 0.4%. Wabtec's dividend payout ratio (DPR) is currently 16.67%.
Institutional Investors Weigh In On Wabtec
Hedge funds have recently modified their holdings of the company. Nomura Asset Management Co. Ltd. grew its holdings in Wabtec by 5.3% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 85,485 shares of the transportation company's stock valued at $18,247,000 after buying an additional 4,266 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Wabtec by 24,274.4% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 323,936 shares of the transportation company's stock worth $69,144,000 after acquiring an additional 322,607 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Wabtec by 16.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 925,021 shares of the transportation company's stock worth $197,446,000 after acquiring an additional 132,091 shares during the period. OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Wabtec in the fourth quarter worth approximately $2,134,000. Finally, Pinnbrook Capital Management LP purchased a new stake in Wabtec in the fourth quarter valued at approximately $7,743,000. 91.69% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the stock. Wolfe Research reissued an "outperform" rating and issued a $303.00 price objective on shares of Wabtec in a research note on Thursday, April 23rd. JPMorgan Chase & Co. upped their price target on shares of Wabtec from $300.00 to $315.00 and gave the company a "neutral" rating in a report on Thursday, July 23rd. KeyCorp increased their price target on shares of Wabtec from $308.00 to $340.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. Weiss Ratings reissued a "buy (b)" rating on shares of Wabtec in a research note on Friday, July 17th. Finally, Citigroup lifted their price objective on Wabtec from $311.00 to $341.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Ten equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Wabtec presently has an average rating of "Moderate Buy" and a consensus price target of $313.36.
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Wabtec Company Profile
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Wabtec Corporation (Westinghouse Air Brake Technologies Corporation) is a global provider of equipment, systems and services for the rail industry. The company supplies products and solutions to freight railroads, transit agencies and other industrial operators, focusing on technologies that improve the performance, safety and efficiency of locomotives and rail networks. Wabtec's business spans new equipment manufacturing, aftermarket parts and services, and digital and control systems for rail operations.
Product and service offerings include locomotive systems and components, braking and air systems, propulsion and traction equipment, signaling and control technologies, and a range of aftermarket services such as maintenance, remanufacturing, parts distribution and fleet modernization.
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